Nutrien Ltd (NTR) Stock AnalysisNTRNutrien Ltd

Nutrien Ltd. is a global provider of crop inputs and services. The Company operates a network of production, distribution and ag retail facilities. The Company’s segments include Nutrien Ag Solutions (Retail), Potash, Nitrogen and Phosphate. Its downstream Retail segment distributes crop nutrients, crop protection products, seed and merchandise, and provides agronomic application services and solutions, including the services offered through Nutrien Financial. The Retail segment also manufactures and distributes proprietary products and provides services directly to farmers through a network of retail locations in North America, South America and Australia. Its upstream Potash, Nitrogen and Phosphate segments are differentiated by the chemical nutrient contained in the products that each segment produces and are supported by midstream activities, which include the global sales, freight, transportation and distribution of its products. It operates in the Basic Materials sector.

Nutrien Ltd is not a good buy right now due to a current price of $67.48, which is above the downgraded analyst price target of $64 from Rothschild & Co Redburn. Additionally, the RSI is at a low 17.922, indicating oversold conditions, but this may not be enough to justify a buy given the negative sentiment and recent hedge fund selling activity increasing by 116.85%.

12 analysts cover NTR: 7 rate it Buy, 5 Hold and 0 Sell. The average price target is 66.08.